Inflation ( CCPI)1.5% (Oct 2023)
GDP-3.1% (2Q 2023)
Unemployment5.2% (2Q 2023)
3M T-Bill Rate15.29%
12M T-Bill Rate12.94%
2Y T-Bond Rate14.45%/ 14.50%
4Y T-Bond Rate14.70% / 14.80%
USD/LKR327/328
Reserves $3.56Bn (Oct 2023)
Cum. Trade Deficit $3,307 Mn (Sep 2023 cumulative)
Cum. Fiscal DeficitLKR 1,614 Bn (Sep 2023)

CBSL recovered after failed to sell enough T-bills at primary auction

Interest RatesSep 9, 2022
CBSL recovered after failed to sell enough T-bills at primary auction

CBSL auctioned LKR 75Bn to repay the liabilities on Friday but managed to sell only LKR 10.2Bn at the primary auction conducted on Wednesday. But they offered balance T-bills at the same weighted average and managed to sell another LKR 38.2Bn after the auction. That prevented printing a substantial amount of new money.

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